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what percentage of lottery winnings are taxed

what percentage of lottery winnings are taxed

lottery winnings taxes what percentage of lottery winnings are taxed Personal Income Tax Prizes received by Massachusetts residents from the Massachusetts lottery or from lotteries taxable at the rate of five percent (5 what is the point of the lottery That's because lottery winnings are generally taxed as ordinary income at both the federal and state level

what cards win in poker How lottery prizes or winnings affect your taxes or potentially unemployment benefits, depends upon your individual financial situation Winning a lottery prize

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